Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Marguerita is a Certified Financial Planner (CFP), Chartered ...

Trusts are a useful tool for financial and estate planning, allowing a family to set assets aside to be passed on when someone dies. They can also help your family potentially avoid the headaches of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

In Private Letter Ruling 201507008 (released Feb. 13, 2015), the Internal Revenue Service addressed whether: 1) a trustor’s contribution to an irrevocable trust was a completed gift subject to federal ...

A revocable living trust (commonly known as a “revocable trust”) is a document that dictates how a person’s assets will be handed after they die. Assets that can be placed in a revocable trust include ...

An essential aspect of estate planning is the Trustee, who will be tasked to carry out wishes. This is such an important role that potential Trustees are usually asked if they would be willing to take ...

The benefits of creating a trust that qualifies for grantor trust status can be enticing—for both the beneficiaries and the trustor. Because grantor trust status means the trustor will be responsible ...